Common use of Effect on Commitments Clause in Contracts

Effect on Commitments. Although each Bid Loan shall reduce the amount available to the Borrower in the form of Revolving Loans by the principal amount of such Bid Loan during the period in which said Bid Loan is outstanding, each Bank's obligation to make its Revolving Percentage of any subsequently requested Revolving Loans shall not in any way be affected by that Bank's making of Bid Loans.

Appears in 2 contracts

Sources: Credit Agreement (Nash Finch Co), Credit Agreement (Nash Finch Co)